High Rental Yield Investment Properties for Sale in Richmond, IN

Property at 391 Greenbrier Dr, Richmond, IN
Listed for sale 1 day ago
$ 214,900
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign336
  • 3 Bed
  • 2 Bath
  • 1504 sft
391 Greenbrier Dr, Richmond, IN, 47374
Property at 3611 National Rd W, Richmond, IN
Listed for sale 1 day ago
$ 119,000
ROI
31.0ROI percentage
Cash Flow/m
Dollar sign372
  • 2 Bed
  • 1 Bath
  • 1036 sft
3611 National Rd W, Richmond, IN, 47374
Property at 3322 Partridge Ln, Richmond, IN
Listed for sale 1 day ago
$ 369,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign610
  • 4 Bed
  • 4 Bath
  • 3011 sft
3322 Partridge Ln, Richmond, IN, 47374
Property at 1425 W Main St, Richmond, IN
Listed for sale 3 days ago
$ 155,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 1 Bath
  • 1176 sft
1425 W Main St, Richmond, IN, 47374

Why Invest in Richmond, Indiana?

Richmond, Indiana, offers a promising opportunity for investors seeking high rental yields. The area's robust rental market is supported by a steady influx of residents and low vacancy rates, making it an attractive destination for real estate investment. With an average rental yield of 8% and a cap rate of around 10%, investors can expect substantial returns.

12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rent in Richmond, Indiana, is approximately $800, making it affordable for many residents while providing good returns for investors.

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